PEC VH: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PEC VH
Largest movements
- Receivables within one year +€6,336
new in 2025: €6,336
- Cash +€1,402
up €1,402 (+902.4%), from €155 to €1,558
mainly Net result for the year (+€19,181) and Tax, wage and social debts (+€2,932)
- Profit (loss) carried forward +€19,181
up €19,181 (+1.7%), from -€1.1m to -€1.1m
- Other debts -€15,681
down €15,681 (-1.5%), from €1.1m to €1.0m
- Tax, wage and social debts +€2,932
new in 2025: €2,932
- Trade debts +€1,305
up €1,305 (+130.8%), from €998 to €2,304
- Gross operating margin +€21,769
up €21,769, from -€2,306 to €19,463
- Financial income +€238
new in 2025: €238
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155 | €7,894 | +€7,738 | +4980.1% |
| Current assets | 29/58 | €155 | €7,894 | +€7,738 | +4980.1% |
| Amounts receivable within one year | 40/41 | - | €6,336 | +€6,336 | |
| Trade receivables | 40 | - | €6,336 | +€6,336 | |
| Cash at bank and in hand | 54/58 | €155 | €1,558 | +€1,402 | +902.4% |
| Total equity and liabilities | 10/49 | €155 | €7,894 | +€7,738 | +4980.1% |
| Equity | 10/15 | -€1,060,988 | -€1,041,807 | +€19,181 | +1.8% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,123,988 | -€1,104,807 | +€19,181 | +1.7% |
| Amounts payable | 17/49 | €1,061,144 | €1,049,701 | -€11,443 | -1.1% |
| Amounts payable within one year | 42/48 | €1,061,144 | €1,049,701 | -€11,443 | -1.1% |
| Trade debts | 44 | €998 | €2,304 | +€1,305 | +130.8% |
| Suppliers | 440/4 | €998 | €2,304 | +€1,305 | +130.8% |
| Taxes, remuneration and social security | 45 | - | €2,932 | +€2,932 | |
| Taxes | 450/3 | - | €2,932 | +€2,932 | |
| Other amounts payable | 47/48 | €1,060,146 | €1,044,465 | -€15,681 | -1.5% |
| Other operating charges | 640/8 | €560 | €520 | -€41 | -7.2% |
| Gross operating margin | 9900 | -€2,306 | €19,463 | +€21,769 | |
| Operating profit (loss) | 9901 | -€2,866 | €18,944 | +€21,810 | |
| Financial income | 75/76B | - | €238 | +€238 | |
| Recurring financial income | 75 | - | €238 | +€238 | |
| Profit (loss) for the period before taxes | 9903 | -€2,866 | €19,181 | +€22,048 | |
| Profit (loss) for the period | 9904 | -€2,866 | €19,181 | +€22,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,866 | €19,181 | +€22,048 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.